Yesterday morning, Linda Evangelista and François-Henri Pinault walked into a Manhattan family court practically arm-in-arm. There, their lawyers informed the court that the former couple had reached agreement on an 11th-hour settlement of their contentious child-support lawsuit. Evangelista, whose testimony began late Friday afternoon, would have taken the stand again on Monday to tell the court how Pinault encouraged her to get an abortion — something he denied through a spokesperson, but did not himself directly deny while under oath — and abruptly ended their relationship when she became pregnant. And she likely would have also testified about the DNA test Pinault's lawyers made her get before the billionaire luxury tycoon would acknowledge paternity of their now 5-year-old son, Augustin. And maybe about some other mean things Pinault might have done during the brief seven nights of their four-month affair (just like they told you in 9th grade, it only takes one!). The prospect of that and other damning testimony presumably helped Pinault to open his purse strings. The dollar amount of the settlement will likely not become public, but "sources" tell the New York Post that it is in the five figures per month. Evangelista had been seeking $46,000 per month. "I say this with Mr. Beslow beside me — everybody's glad," said Pinault's lawyer, referring to Evangelista's lawyer. He added, "For the sake of the child." Last night to celebrate, Evangelista swapped her floral court attire for a black evening gown and walked the red carpet at the Met Ball like a boss. [NYPost]

Alessandra Ambrosio has given birth to a baby boy. Ambrosio and her fiancé, Jamie Mazur, also have a daughter. The Victoria's Secret Angel posted this photo of herself at the beach the day before going into labor. [@anjasdaddy, @angelalessandra]

Marc Jacobs' Mercer Street store was vandalized by someone who painted "ART" over the façade in bright pink paint. [Vanishing New York]

At last, someone from Seventeen went on record addressing the petition started by 14-year-old Julia Bluhm, who, citing the negative impact of unrealistic images of women on girls' body image, asked the magazine to commit to publishing "one unaltered — REAL — photo spread per month." The petition has since been signed by over 60,000 people. Reports the New York Times:

The people at Seventeen were, it should be said, feeling slightly aggrieved that they had been singled out for picture-doctoring practices that are common in virtually all glossy fashion magazines, and, for that matter, on the Facebook accounts of millions of people who retouch photographs before posting them. At some magazines, the practices are far more extreme than at Seventeen, which, [editor Ann] Shoket says, does not alter the body shapes of the girls in its pages, contrary to a charge in the petition.

Shoket said, "I think we do a phenomenal job of celebrating the authenticity of real girls." But when asked directly about airbrushing in its photo spreads, she replied, "I don't want to get into the specifics of what we do and don't do."Seventeen has already rejected Bluhm's petition. [NYTimes]

Vogue Italia editor Franca Sozzani says that when she announced she was starting a petition to shut down pro-ana and pro-mia Web sites in Italy, some people probably had this reaction: "‘You, that you are doing a magazine with the most skinny girl, you want to tell us [what to do].' Yes, me! Because I made a big mistake in doing that." Sozzani also says that it's not a coincidence that her magazine is more given to photo spreads intended to shock than the other editions of Vogue. "I receive questions [like] why is the magazine more provocative or more avant-garde or more unexpected in the images? Because we are a language that is not spoken anywhere, only in Italy. So if I don't communicate through the images how can I?" [The Cut]

The Model Alliance rounded up some supermodel reactions to Vogue's announcement that all 19 global editions of the magazine will no longer work with models under 16, or who, in Vogue's phrase, "appear to have an eating disorder." Milla Jovovich — who nabbed her first fashion magazine cover aged just 12 — says, "I grew up in this business and while my mother always traveled with me for work, I met many young models over the years who weren't as protected as I was. There were never any rules implemented for young workers who could easily work for up to 16 hours a day while unsupervised. This action by Vogue helps place a new set of values on an industry that truly needs reform." Amy Lemons — whose career was launched when she was photographed by Steven Meisel for the cover of Vogue Italia as a 14-year-old — says, "It is a step in the right direction and I wish this was around when I had started modeling." Coco Rocha called the change "thrilling," and Carré Otis said it was "long overdue." Warm fuzzies for Vogue for ceasing to do a bad thing, everyone. (Disclosure: I am a Model Alliance board member.) [Model Alliance]

Meanwhile, this summer Amy Lemons is planning to launch a clothing line for tall women who are also curvy. It'll be called Lemons. The model is starting with five samples, which she took a sewing class and worked with a tailor to produce. [Richmond Magazine]

Dutch model Bo Don, on one of modeling's drawbacks: "There's no one real place you call home. I mean, I call Holland my home but I don't really have my own place. You live in a lot of models' apartments. You live out of your suitcase. That gets old." [WWD]

Miranda Kerr sometimes curls her eyelashes with her thumb against the back of a spoon. [Marie Claire]

Some French fashion industry figures are welcoming the election of François Hollande. Pierre Bergé, Yves Saint Laurent's widower and former business partner, joined Christian Lacroix and thousands of other people to celebrate in the streets. "I do expect a more humanist way of governing: courageous, fair and, above all, creative and innovative, without any fatalism. I do think things can be seen and managed another way," said Lacroix. Karl Lagerfeld, however, is unimpressed by Hollande's 52% majority. "As a triumph, it's quite modest," said the Monaco resident. [WWD]

Etsy has been making hires to beef up its enforcement team, which aims to root out sellers of commercially-made goods masquerading as home-made. This can be a complicated endeavor considering that some Etsy sellers have become successful and hired people to help keep up with orders — and that fostering precisely these kinds of (mostly women-owned) small businesses is part of Etsy's self-defined role. [WSJ]

The New York Times is expanding its street-style coverage by starting a biweekly video series that will focus on the "styles" of different neighborhoods throughout the five boroughs. "The street-style coverage right now is eye candy for me and inspiring, but New York is such a diverse place and different neighborhoods have different characteristics," explained editor Simone Oliver. First up: Fort Greene, Brooklyn. [WWD]

In a debt-for-equity deal, Barneys New York managed to get out from under its $590 million debt — and its main creditor became its new owner. Barneys' extraordinary debt load (and the fact that the store labored for two years in the worst recession in more than a generation without a fucking C.E.O.) had fueled rumors that it might go bankrupt — not helped by the fact that its now-former parent company, Dubai-based Isthitmar World, has been going through its own financial problems. The new owner is Perry Capital, and its total debt is now (just!) $50 million. [WWD]

Global luxury spending is projected to continue increasing, and to grow by 6-7% this year to $260 billion. [WWD]